BANGLADESH-JAPAN TRAINING INSTITUTE (BJTI) is going to organize a Day Long Exclusive Training on "Effective Inventory, Transportation, Warehousing, Packaging & Distribution Management"
#Resource Person:
Mr. Md. Arif Khan, Chief consultant & Training Specialist, Sullivan Consulting and Learning Services
#Effective Inventory, Transportation, Warehousing, Packaging & Distribution Management#
#Overview:
Inventory, Warehousing, Transportation and Distribution Management course is designed and articulated to sharpen participant’s knowledge and skills in managing Inventory, Warehousing, Transportation and Distribution Management efficiently and successfully. Moreover after completion of this course participant can find out GAP that ensures the best value of money invested by the individuals or organizations.
Inventories are materials and supplies that a business or institution carry either for sale or to provide inputs or supplies to the production process. All businesses and institutions require inventories. Often they are a substantial part of total assets. Financially, inventories are very important to manufacturing companies. On the balance sheet, they usually represent from 20% to 60% of total assets. Inventory Management ties up capital, requires handling, uses storage space, deteriorates, sometimes becomes obsolete, requires insurance, incurs taxes, can be stolen or gets lost.
The role of warehousing and storage has changed drastically as customer and vendor compliance issues have come to surface and a greater emphasis has been placed on operations and customer satisfaction. There are more demands and expectations in today’s industry. The management of warehousing operations requires a unique combination of engineering, IT, human resources and supply chain skills. Warehousing may occur at several points in the supply chain & is one of the main drivers of cost and value.
Companies today are challenged to streamline their logistics management processes to maximize efficiencies, customer satisfaction and profit margins. Transport or transportation is the movement of people, animals and goods from one location to another. Modes of transport include air, rail, road, water, cable, pipeline, and space. Transport is important since it enables trade between people, which in turn establishes civilizations. Vehicles traveling on these networks may include automobiles, bicycles, buses, trains, trucks, people, helicopters, and aircraft.
The management of resources and processes used to deliver a product from a production location to the point-of-sale, including storage at warehousing locations or delivery to retail distribution points. Distribution management also includes determination of optimal quantities of a product for delivery to particular warehouses or points-of-sale in order to achieve the most efficient delivery to customers.
Companies today are challenged to streamline their Supply chain management processes to maximize efficiencies, customer satisfaction and profit margins.
#Course #Objectives:
Explain the basic concept of Inventory, Warehousing, Transportation and Distribution Management
It aims to provide participants foundational and advanced knowledge on how to tackle, resolve, and manage myriad complex problems and issues that confront of
Inventory, Warehousing, Transportation and Distribution Management
The purpose of the course is to find out GAP in right Inventory, Warehousing, Transportation and Distribution Management that ensures the best value of money thus efficiency can be obtained.
Supply the products and services to the right places in right time and satisfy the customer
#Content of #Course:
Inventory Management/Material Management:
Stages of Inventory
Types of Inventory
Financial implications of holding inventory
How much inventory to hold(Pipe Line Model)
Factors Affecting Inventory Policy
Signs of Trouble in Inventory Management
Reasons for keeping inventory
The role of the Inventory Manager
Inventory Operations
Pareto 80/20 rule
The Supply Positioning Model: Approaches to managing stock
Inventory Categorization (ABC Analysis based on 80/ 20 rule)
Six Steps to variety reduction
The necessity of stocktaking and Methods and Accuracy of Stocktaking
How do we value Inventory and its costing?
Costing Method (FIFO, LIFO, AVERAGE COSTING, STANDARD COSTING,REPLACEMENT COSTING )
COGS
EOQ model and Calculation of EOQ
Danger level of materials or inventory stock and its calculation
Re-order level or ordering point or ordering level and its calculation
JIT Inventory Management(JUST IN TIME )
Cases when JIT does NOT work
Monitoring inventory movements
Inventory coding systems
Requirement Planning in Supply Chain
MRP, MRPII
Forecasting Techniques /Methods
Getting started on measuring inventory and performance(Six steps towards an initial evaluation
Learning Check
#Transportation Management:
Meaning of Logistics
Logistics Drivers(Inventory, Transportation, Warehousing)
Practical management of Supply of materials
3PL Logistics
4 PL Logistics
Responsibilities of logistics manager
Transportation Management
Choosing the most appropriate mode of transport
Air Transportation and its documentation
Sea Transportation and its documentation
Road and other transportation and its documentation
Inter Modal, Multi Modal, Uni Modal Transport
Traditional role of a freight forwarders
Sample of an analysis of the alternative transport
Cross Docking
Learning Check
#Warehousing Management:
Warehousing
Factors influences in warehousing design
WMS(Warehouse management System)
Warehouse Location
Types of warehouse
Ware housing costing method
Principle of efficient material handling in the warehouse
Main Goals of warehouse management operation
Warehouse efficiency and inventory health
Packaging
Packaging Instructions
Commonly used packaging material
Learning Check
#Distribution Management:
Difference between Channel distribution and Physical distribution
Storage at Production warehouse and distribution to depot
Storage at Depot and distribution to next point
Storage at CDC and distribution to next point
Storage to POS and retail distribution
Necessary safety ,security and Risk Management in POD (Point of Distribution)and POS (Point of sales)
Reverse Logistics
CRM and Customer Feedback
Order Fulfillment
Cases, Exercises, Video, Game, Role Play
Wrap Up & Closing Ceremony
#Who will be #benefited:
The professionals engaged in Supply Chain, Export, Import, Procurement, Logistics, Distribution, Shipping, Freight Forwarding, Customs, Courier, Marketing, Fresher’s, Post Graduate Business Students, and more those who are involved in Private Sector, Public sector and Nonprofit organizations (NGOs)
#Training #Methodology:
Lecture & discussion, Power Point Presentation, Peer learning, Group work and presentation, Experience, Role play, Buzz and simulation games, Case study exercises and Video clips
#Language: English and Bengali
#Date and #Time: 21 June 2025 (Saturday), 08:45 am - 05:00 pm
#Deadline for #Registration: 19 June 2025 (Thursday)
#Certificate of attendance will be provided
#Course #Fee: BDT 4,000/- per participant (excluding VAT) payable in advance in favour of “Bangladesh Japan Training Institute” in the form of crossed cheque or pay order or direct deposit to ” to Dutch Bangla Bank Ltd, Elephant Road Branch, Dhaka, Account Number: 1261100033403.
Or, via Bkash Pay (01780-364200) (you must pay an additional amount of BDT 80 Bkash cash out fee).
Members of BJTI, BAAS and organizations nominating five or more delegates will enjoy 10% discount on course fee. The fee will cover tuition, stationery, reproduction of training material, training aids/equipment, cost of venue, food & refreshment, certificate etc.
#Note: Seats are limited and will be filled-in on first come first serve basis. Please find the attached file for Registration Form.
You may also like the following events from Bangladesh - Japan Training Institute:
Also check out other
Workshops in Dhaka,
Health & Wellness events in Dhaka.
